Yukon juniors Rackla, White Gold, Strategic Metals vie for investor support
Dawson City, Yukon – This is the final article on companies active in the Yukon following a week of site visits and interviews last month. There were pieces on Granite…
Copper
Mexico’s disruptive shift on mining creates far-reaching concerns
Mexico’s mining industry faces a potential crisis after a new law this year radically changes how projects can be registered, approved and developed. Veteran Latin America investor Ross Beaty calls…
Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon
Granite Creek Copper (TSX-V: GCX; US-OTC: GCXXF), part of the Metallic Minerals Group, wants to attract a major company to consolidate a Yukon area into a local copper giant. Granite’s…
Barrick CEO criticizes western funds’ shortsightedness, adds praise to Saudi’s PIF
Western fund managers should follow in the footsteps of sovereign wealth funds that are investing in mining projects in some of the world’s riskiest jurisdictions, Barrick Gold (TSX: ABX; NYSE:…
Erdene to pour first gold at Mongolia mine in 2025
Erdene Resource Development (TSX: ERD) said on Tuesday it expects to pour first gold at its Bayan Khundii project in southwestern Mongolia in late 2025, when it will become one…
Surprise: mine spending grows in Mexico despite new law, Obrador’s populist tilt
What’s happening in Mexico? Corporate mining project investments soared this year in the world’s largest silver producer even as the government targeted companies in a tough new law a year…
TSX wrap for week of August 8: Base metals drop as Franco-Nevada prints cash
Over the shortened Aug. 8-11 trading week, the S&P/TSX Composite Index gained 171.53 or 0.8% to 20,407.57. The S&P/TSX Global Mining Index lost 1.02 points or 0.94% to 107.27, and…
NYSE posts mixed results for Aug. 7-11 as investors pause after strong rally this year
U.S. markets rose and fell modestly during the week following a strong AI-led rally this year that prompted some investors to pull back even as economic growth and inflation performed…
Yukon juniors Fireweed, Cascadia, Nickel Creek, Onyx vie for investor support
This is the first of two parts on other companies active in the Yukon following a piece on investor darling Snowline Gold (TSXV: SGD; US-OTC: SNWGF) and site visit reports on…
Decade Resources stock soars following copper discovery, financing
Shares in Decade Resources (TSXV: DEC) continued to soar Thursday as the company followed up its announcement of a major copper discovery with a private placement financing backed by two…
New Gold halts New Afton mine on tailings safety woes
Shares in New Gold (TSX: NGD; NYSE: NGD) fell more than 11% in Toronto on Thursday after it halted underground mining activities at its New Afton gold-copper mine in Kamloops,…
Antofagasta profit jumps despite lower copper prices, boosts dividend
Chilean miner Antofagasta (LSE: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the…